BUSINESS

Guinea and Ghana have undertaken to deepen economic ties as preparations near completion for the establishment of the Africa Continental Free Trade Area. Guinean President Alpha Conde expressed this expectation when Ghana’s Minister for Information Kojo Oppong Nkrumah delivered a special message from President Akufo-Addo to Prof Conde. Mr Nkrumah who was in Guinea as President Akufo-Addo’s special envoy engaged ...

The Bank of Ghana (BoG) will soon announce a new capital requirement for all institutions engaged in mobile money operation. BoG said existing firms that are already offering the service will be given some time to meet the new requirement while new entrance will be expected to meet the requirement before receiving their licence. Speaking to Joy FM on the ...

After ten (10) years of choosing and making us number one (1), we are coming your way with an anniversary promo to reward our customers with some amazing prizes. The MoMoAt10 Consumer Promo is a transaction driven and points-based system designed to reward MTN MOMO customers who use their MoMo wallets to perform their financial transactions. Customers will earn the most points when they make ...

The Public Interest and Accountability Committee (PIAC) on Friday disclosed that monies earmarked for developmental projects from Ghana’s oil funds are being diverted to pay salaries. “Oil monies have been allocated for projects, we get to the grounds and the projects are not there,” PIAC’s Vice Chairman, Kwame Jantuah bemoaned on Morning Starr. “We are told the monies are used ...

Vivo Energy Ghana is sponsoring two hardworking Shell retailers, together with their spouses and a service champion for a sterling business performance and demonstrating a customer centric approach to their business. Mr. Augustine Osei-Bonsu, the Country Retailer of the Year, Mr. Yiadom Boakye Boateng, Gold Retailer and Richmond Amegah, Service Champion of the Year will enjoy an all-expense paid trip ...

The Receiver appointed to liquidate Unibank has filed an application in court to halt an arbitration hearing with shareholders of the bank. The application filed by lawyers for the Receiver, Nii Amanor Dodoo of Accounting firm KPMG, is asking the court to also make a determination on the previous ruling which directed the case for arbitration. This should mean the ...

The Driver and Vehicle Licensing Authority (DVLA) and Guinness Ghana Breweries Plc have rolled out a new drink drive module for all drivers across the country. This was after a Memorandum of Understanding was signed between the two organizations for the initiative which is the first in Ghana and first in all Diageo (Parent company of Guinness) markets across the ...

Thirty vulnerable girls engaged in head porterage (kayayo) in Accra and Kumasi are to benefit from an integrated vocational and life skills training initiative to empower them to earn a sustainable income and take good care of themselves. Areas of the training include; dressmaking, hairdressing, soap making, bead making and fabric weaving. This formed part of the Kaya Girls Project ...

Africa is slowly but surely recognising the positive effects and benefits of cryptocurrency. Local governments and national banks are putting down their pitchforks and seeing how cryptocurrency and blockchain technology can harness the potential of their citizens. One of the core reasons why African establishments did not embrace digital currencies from the start is out of fears that their decentralised and unregulated ...

The Institute for Energy Security (IES) has predicted fuel prices in Ghana are likely to drop “within the band of 3% and 5% at the pump.” IES in a statement on Monday said its forecast is based on the fact that “average Brent crude price has fallen by 9.50%, Gasoline by 14.86% and Gasoil by 10.88%. We also note that ...